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Search Results 0 to 14 of about 15 (some duplicates have been removed)
. president obama is cutting short his holiday in hawaii. he's flying back to washington tonight as the clock ticks toward the fiscal cliff. nancy cordes is with the president in honolulu. nancy? >> reporter: jim, the president is trading the sand for snowy washington. he'll be back in the nation's capital by mid-morning tomorrow, and most of the u.s. senate will be attempting to get back there by then, as well. but house leaders have not given their members the signal to return to washington and say they won't until the u.s. senate passes a bill to avert the fiscal cliff. as the president wrapped up his vacation, federal workers trickled back into the nation's capital. but the only people who can avert the fiscal cliff, members of the house and senate, have not returned, and, in just six days, a 2% payroll tax is set to expire, along with the bush era tax cuts, shrinking the average workers' paycheck in 2013 by about $1,500. long-term unemployment benefits for about two million jobless americans are also set to expire, and $110 billion worth of spending cuts to both domestic and defense prog
hawaii tonight to come back to d.c. let's speak to a republican from florida. congresswoman, you played a big role in getting a marine out of a nightmarish prison in mexico and back to his family for christmas. first, i want to ask you about the fiscal cliff and what's happening in the next couple of days. first, do you think it's possible we'll get anything other than a band-aid between now and six days from now when the triggers kick in? >> i'm very optimistic if all of us pull our weight and do some serious conversations we'll have a bipartisan solution, because nobody wants to go over this fiscal cliff. it will damage our economy. it will hurt every taxpayer, the largest tax increase in history. it will affect everybody, and anyone who is watching who thinks, oh this isn't going to impact me, you will fin out d o will, and we know the problem is a lot of spending. not that we're not taxing people more, we're just spending too much. we hope that the president understands that as for as republicans are concerned, we're willing to negotiate and have a civil conversation, but also he's
hawaii tonight to try to work on a bargain between democrats and republicans. brianna keilar is traveling with the president in hawaii and joins us now. good morning, brianna. did the president cut his vacation short or was it planned all along? >> reporter: he did cut his vacation short from what was initially planned which was to go through the new year, so yes, he cut it short. i think we have a sense he might be heading back to d.c., carol, you'll recall when talks fell apart last week between house speaker john boehner and the president as the president departed for hawaii he talked to reporters in the briefing room and he said "see you next week" so i think we had a sense he would be coming back earlier than initially planned and it was just a matter of when, not if, and he'll be heading back tonight, that's local time so he'll be traveling overnight, it's quite a long flight, nine or ten hours and he'll be back in d.c. by thursday late morning. >> any behind the scene talks over the holiday? >> reporter: right now the white house has been in communication with senate democrats but
and the president to get their act together. the president took a red eye flight back from hawaii. why did congress and the president go on raication at all. >> yeah, we all go to work. >> there is nothing on the table . kelley. >> a lot of people feel they are left in the lurch by the president and congress. and they didn't get the job done . here's what we are facing. we are teetering on the edge of the fiscal cliff. there are many members in congress who disaagree raising of tax. the president had gone up to $400,000 when house speaker boehner would raise the tax hikes . but the sticking point is enments and spending. >> clayton: the republicans saying that the president and democrats not forth coming enough on entitlements. here's what will unfold in a few short days as we break this down to you. >> put your seat belts on, people. >> clayton: tax rates will hit these numbers and you go up to 120,000 . you will see 31 percent up to 36 percent . in these tax rates as they climb up. >> here's the bottom line. average tax rate of 2,000 to $4000. it is an additional 13,944 . millionaire's status whi
on your screen now! >>> late breaking news to report. hawaii's governor naming a successor to late senator inouye. he had recommended u.s. rep in a letter sharply before he died. with six days before we go off the fiscal cliff, president obama is cutting his hawaii vacation short, flying back to washington, uncertain what kind of deal making possibilities he will find when we will come back. republican leaders made no decision about when to call their members back nor it is clear what kind of deal, if any, they will have to vote on. a lot of digging tonight for cnn's dana bash. i understand there were no decisions out of this call, but do we have any sense of what fellow. >> rob:s are telling speaker boehner? how likely are we to see a vote in time to avoid going of the cliff? >> it really is up in the air. i'm told in part that's why house. >> rob:s didn't make a decision to bring the house back or when to do it because the ball really is in the senate's court, specifically with senate democrats. that has changed big time since a few weeks ago. at this point what they are trying to figure
the only thing they have to worry about generally when it comes to wild weather in hawaii and that is not a concern. president obama is there spending time with his family for the holiday and yesterday he went golfing before heading to the beach with the first lady and their daughters. aides say the president will have to return to washington in a day or two to deal with you know what the fiscal crisis. chief house correspondented spayeed henry is in hawaii with the president. i assume if there were any conversations between the president and the speaker we would be advised. >> they say there have not been any more calls, no contact between the high school and the speaker. that is a sign that there's been no major progress. they say that the lines of communication are still open between the president's staff, the peaker's staff. also now the circle is widening a little bit and it's including senate staff, because given what happened late last week where speaker boehner's so-called plan b fail in the house there is now momentum to try and get something going in the senate r
. >>> also this morning president obama cutting short his vacation in hawaii, heading back to washington that. will happen tonight to work on a fiscal cliff deal. don't wait for washington to reach a deal by the end of the year. coming up, what you can do right now to minimize the impact on your own bottom line. >>> jessica simpson used the holiday to confirm she is pregnant once again. she tweetd a picture of her 7-month-old daughter maxwell with the words "big sis." >>> in mobile, alabama, for us this morning, jim cantore. good morning. >> reporter: good morning, savannah. storm prediction center said we had as many as 34 tornadoes yesterday. average for the month of december is 26. church behind me here heavily damaged, two sections of the roof have been torn off and dropped below. christmas morning, that church was full of people and parishioners attending christmas service. power poles have been taken down as well. the last thing people in mobile expected on christmas day was to be cleaning up after a tornado. >> oh, my god! look at that. >> reporter: this was the scene in downtown mobil
today. the president is pulling the plug on his trip to hawaii to tend to urgent matters in washington. with tax hikes looming in less than a week, he's scheduled to return to the white house tomorrow, just as a deadlocked congress reconvenes days ahead of the so-called fiscal cliff. you're just six days from feeling this. now, first hit is coming on january 1st when your take home pay will drop by 2% because of a scheduled hike in the social security payroll tax. that's just the start. income taxes are set to climb too. and you'll notice that when employer gets to around the adjusted withholding, the government spending cuts, those are also scheduled for january 1st and bound to slow the economy and some argue they'll weaken the military. congress has seen this coming, but an effort to limit the damage failed last week. republican house speaker john boehner could not persuade enough members of his party to let tax rates rise on incomes over a million dollars while sparing everyone else. dana bash is our senior congressional correspondent. dana, this time tomorrow, the president is sup
in hawaii. >> the first couple sat down with our very own barbara walters before their vacation. we pick up their conversation with talk about their family. >> i want to talk a bit about the girls. we've been watching them grow up from little girls to young ladies. malia recently got her first cell phone. do you monitor it and see who she calls or who she texts? >> i give my daughter, i give her a long rope, and there is monitoring, because we have rules. but monitoring may be, you never know when i'm going to walk in your room and i'm going to ask you who are you talking about and are you talking about school work? >> and they're not very good at lying. we joke sometimes about how malia is getting to the age now, boys start calling and sort of -- i always talk about how one of the main things about running again was continuing secret service protection. >> mr. obama, there is a photograph of you that became viral, became the most shared photograph in the history of twitter. how do you keep the fire going? >> that's a good question. >> you know, we've been married now 20 years, and like eve
morning. >> reporter: well, good morning, rebecca. the president boarded air force one in hawaii early this morning and headed back to washington to deal with the so-called fiscal cliff. with just five days until the combination of automatic tax increases and spending cuts that could send the economy back into recession, the president wants congress to take the lead in getting the job done. the senate convenes later today and majority leader harry reid has told members to be prepared to work on fiscal cliff issues through the weekend. reid is working on his own plan to get members to come together before the end-of-the-year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short-term spending cuts instead of the massive cuts that would occur if there is no deal. after a wednesday conference call, house republican leaders issued a statement saying they're waiting for the democratic-controlled senate to act. adding to an already volatile situation, treasury secretary tim geithner in a lette
and a few stories we've been watching. hawaii governor neil abercrombie has announced a replacement to inouye. in a statement, he says he plans to travel to washington, d.c. to be sworn in. he succeeds a world war ii veteran who represented hawaiian congress for more than five decades. >>> former u.s. president george h.w. bush is still in the hospital tonight. a spokesman for the former president tells cnn bush has a stubborn fever. bush is in the guarded condition and on a liquid diet. the spokesman says there have been no dates set for the former president to be released from the hospital. says he is conversing with his doctors and is surrounded by his family. we wish him well. >>> meanwhile, nelson mandela has been released from the hospital. a spokesman for the south african government says he will continue to receive treatment at his home. the 94-year-old entered the hospital earlier this month for treatment of a lung infection and later underwent surgery to remove gallstones. >>> our fourth story, it's not just your taxes. if lawmakers can't find a way to work together before
out here to hawaii for the holidays. he and the first lady went to visit some troops at a u.s. marine base here, and he had a very simple, direct message. take a listen. >> so we know that it's not easy, but what we also want you to know is that you have the entire country behind you, and all of us understand that we would be nowhere without the extraordinary service that you guys provide. >> reporter: now, after the red eye flight tonight the president will be landing in the washington area early thursday, likely meeting with congressional leaders at some point later this week into the weekend. interesting, after a long flight like that, he'll probably need some coffee. starbucks revealing it's going to be having its employees to write "come together" on their coffee cups in their washington, d.c. shops trying to inspire folks in both parties to work out differences. we'll see whether or not this has any influence on both sides. gregg: i really didn't hear anything you said because i was looking agent -- at the beautiful diamondhead in the background. [laughter] tell our viewers what
Search Results 0 to 14 of about 15 (some duplicates have been removed)

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